Franklin Street Management Services works to serve the needs of multifamily asset owners throughout the Mid-Atlantic and Southeastern United States. Our unique, collaborative platform provides us with unmatched industry expertise allowing us to tailor strategies specifically designed to meet and surpass the expectations of our clients.
Franklin Street encompasses a range of services that, working in tandem, leads to positive results for clients:
We recognize that each property comes with its own unique set of challenges, such as low collections, high operating expenses or physical obsolescence. Our management team is well-positioned to tackle these challenges due to Franklin Street’s unique, collaborative platform that provides resources other management companies cannot access directly.
Leasing and Marketing:
Our team implements marketing programs that address such aspects as the property's physical appearance and maintenance, optimal pricing strategy, tenant retention, customized advertising campaigns and continual sales training for on-site staff.
Market Research and Feasibility Studies:
Our various lines of business allow us to access real-time market data which we use to identify opportunities to improve property operations.
Our team will conduct an in-depth analysis of income, and expenses, liability exposure, market rents and physical conditions. Based upon our findings we are able to give clients the detailed information they need to create accurate underwriting assumptions or adjust their operational strategies to maximize the property’s potential. We then create a results-driven management plan that is tailored to meet and exceed the goals of our clients at any point within the investment cycle.
Construction Management Services:
From concept to completion, we are experienced in all aspects of construction management. Our professionals have the expertise and resources required to offer clients a fully-integrated service that sets a new standard in quality, value, timeliness and cost efficiency.
Real Estate Owned/Receivership Assets:
Franklin Street Management Services is experienced not only as a manager of Real Estate Owned (REO) or receivership assets, but also acts in the capacity of court-appointed receiver for lenders and special servicers. In this capacity, we are well equipped to help minimize disputes and burdensome litigation, thereby saving time and money.
Our accounting division prides itself on producing timely and accurate financial reports so that our clients and staff have the information they need to closely monitor performance. Our state-of-the-art software gives us the flexibility to customize reports to our owners’ specifications allowing our clients to control what information they receive and when.
Human Resources and Payroll:
Responsible for the company’s employee relations and services, we facilitate excellence in staffing, recruiting, organizational development, risk management, employee safety, wellness and health. Franklin Street has been named as being one of the Best Places to Work by the Tampa Bay Business Journal, the Atlanta Business Chronicle and the Tampa Bay Times. For a full list of awards, click here.